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We present a tool and method for measuring the psychological and cultural distance between societies and creating a distance scale with any population as the point of comparison. Since psychological data is dominated by samples drawn from WEIRD nations, and overwhelmingly, the United States, we...
Persistent link: https://www.econbiz.de/10012851209
This paper argues for broadening the application of hysteresis to institutions, policy lockin, psychology, identity, and economic ideas. Hysteresis is an element of historical processes, and the real world is historical. That explains why hysteresis is pervasive and important. Hysteresis should...
Persistent link: https://www.econbiz.de/10014327384